Libra – CryptoPurview https://cryptopurview.com Tue, 03 Dec 2019 01:56:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://cryptopurview.com/wp-content/uploads/2022/10/CP-logo.png Libra – CryptoPurview https://cryptopurview.com 32 32 Chinese digital currency is the perfect excuse for Libra https://cryptopurview.com/chinese-digital-currency-is-the-perfect-excuse-for-libra/ Tue, 19 Nov 2019 17:48:12 +0000 https://cryptopurview.com/?p=7627 There’s a very interesting saying that almost every culture uses and that’s “Fighting fire with fire”. This phrase has not been more relevant than in the United States-China trade war...

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]]> Libra update: Testnet processes 51,000 transactions with 7 nodes https://cryptopurview.com/libra-update-testnet-logs-51000-transactions-with-7-nodes/ Sun, 17 Nov 2019 00:12:00 +0000 https://cryptopurview.com/?p=7584 Nearly after a month since the remaining 21 Libra association members signed the charter, the Libra team released an update of its progress. The Libra association shared the update in...

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]]> Securities rule applies to Stablecoin including Facebook’s Libra: Global securities watchdog https://cryptopurview.com/securities-rule-applies-to-stablecoin-including-facebooks-libra/ Tue, 05 Nov 2019 14:02:19 +0000 https://cryptopurview.com/?p=7255 Stablecoin including Facebook-initiated Libra could come under securities market regulation principles and standards. The conclusion of applying securities rule to stablecoin was decided in a meeting on 30th October in Madrid by the Board of the International Organization of Securities Commissions (IOSCO).

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]]> Facebook may move out from the Libra Association https://cryptopurview.com/facebook-is-moving-away-from-the-libra-association/ Wed, 23 Oct 2019 11:28:47 +0000 https://cryptopurview.com/?p=6620 The recent developments hint Facebook may be moving away from Libra Association. As one of the association members confirmed the BBC: “We’ve seen Facebook start to move away from the...

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]]> Zuckerberg: Facebook will not launch Libra unless U.S. regulators approve https://cryptopurview.com/zuckerberg-facebook-will-not-launch-libra-unless-u-s-regulators-approve/ Tue, 22 Oct 2019 21:25:13 +0000 https://cryptopurview.com/?p=6610 Ahead of Oct 23 hearing, Mark Zuckerberg has shared his testimony with the U.S. House of Representatives Committee on Financial Services addressing several concerns lawmakers have expressed over the launch...

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]]> Libra Association may consider launching a series of stablecoins https://cryptopurview.com/libra-may-consider-launching-series-of-stablecoins/ Mon, 21 Oct 2019 11:22:56 +0000 https://cryptopurview.com/?p=6564 Libra Association may consider launching a series of stablecoins based on national currencies such as the dollar, euro, instead of the previously proposed synthetic one, a basket of fiat currencies...

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]]> Libra council members update: Libra secures signature from 21 members https://cryptopurview.com/libra-council-members-secures-signature-from-21-members/ Tue, 15 Oct 2019 06:41:22 +0000 https://cryptopurview.com/?p=6368 Libra council members meeting on 14th Oct in Geneva, Switzerland was attended by all remaining 21 members. The members formally signed the charter. Additionally, the council appointed the board of...

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]]> Booking Holdings leaves Facebook’s Libra stablecoin project https://cryptopurview.com/booking-holdings-leaves-facebook-libra-stablecoin-project/ Mon, 14 Oct 2019 19:25:20 +0000 https://cryptopurview.com/?p=6453 As things were just starting to settle down, Facebook’s initiated Libra stablecoin lost another key founding member, Booking Holdings, an online travel company that operates websites Booking.com, Kayak.com, and Priceline.com....

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]]> G7 says ‘No’ to stablecoins including Libra until proven to be safe & secure https://cryptopurview.com/g7-says-no-stablecoins-including-libra-must-go-ahead/ Mon, 14 Oct 2019 09:59:00 +0000 https://cryptopurview.com/?p=6407 In a draft report from G7 nations, the group says that the stablecoins must not go ahead until the company proves it is safe and secure. The warning applies to...

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]]> Five more firms are leaving from Facebook’s Libra association https://cryptopurview.com/payment-category-members-leaving-facebook-initiated-libra-project/ Fri, 11 Oct 2019 20:33:00 +0000 https://cryptopurview.com/?p=6322 Just days before Facebook’s planned Libra association members meeting, eBay, Visa, Mastercard, Stripe and Mercado Pago have made the decision to not move forward with the Facebook initiated Libra cryptocurrency project....

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